GYSR Spotlight #7: Unibright
Unibright is a team of blockchain technologists focused on delivering integrated business solutions. Just this month, they officially launched Baseledger Mainnet, a new public blockchain tailored for enterprise use cases and requirements.
The Baseledger network is a public, council-governed, PoS blockchain that offers low fixed costs, high throughput, data privacy compliance, multi-chain coordination, and connection with off-chain systems such as SAP or Microsoft Dynamics.
As a part of these capabilities, Baseledger has integrated the GYSR protocol to implement proxy staking mechanics on the network. This solution allows users to delegate their staked position to network validators and earn a portion of rewards, without needing to run a node themselves. Baseledger PoS consensus is non-inflationary, so these rewards are generated directly from network usage. So far, five pools have been launched by Unibright and other node operators, and a total of 13M UBT have been staked by users.
We’re thrilled at the novel application of GYSR pools to proxy staking for PoS consensus and look forward to the growth and adoption of the Baseledger network. Further, we are excited to follow Unibright as they continue to build blockchain solutions for the enterprise world. For more information on Unibright, check out their website and follow them on Twitter.
“Openness and reliability are critical for the enterprise solutions we build at Unibright. By integrating the GYSR protocol, we have been able to provide accessible and battle-tested staking capabilities for the Baseledger network.”
-Marten Jung, CEO, Unibright
Disclaimer: GYSR is not associated with any of the projects we profile in our spotlight series and these posts should not be seen as endorsements. We encourage readers to do their own research.
